The Role of Standards and Professional Bodies: Drivers of Development.

Slides:



Advertisements
Similar presentations
Organizational Governance
Advertisements

PROFESSIONAL ASSOCIATIONS: WHY PARTICIPATE? Presenter Name Company IIA Chapter/Institute.
The Institute of Internal Auditors Public Sector Updates Rob Newsome INTOSAI Professional Standards Committee Meeting May , Johannesburg,
Advancing the Science of Management Accounting
Supporting the profession Dr Ian Peters, Chief Executive Retail Audit Forum Thursday, 23 rd May, 2013.
Helen Starke KDS Consulting 11 September
Governing Board for the Inkomati CMA Inaugural Meeting Planning 22 nd September 2005.
State Strategies Plan of Action PILLAR I Education & Professional Development.
The Trade Finance Bank for Africa An overview of Afreximbank’s Approach to Corporate Governance Issues Presentation by Mr. George ELOMBI Executive Secretary.
1 The Role of IoDs in developing the standards of directors and boards Chris Pierce.
Bulgarian Human Resources Management and Development Association January, years – a guarantor of expertise in the management and development of.
By: Lerato Bogoshi (Mophiring) 8 November National Qualifications Framework (NQF) Objectives  Create an integrated national framework for learning.
1 Jon Whitfield Agency CEO Head of Government Internal Audit.
WHERE WE ARE 22 member associations in 20 countries Over 4300 individual members who are responsible for risk management and/or insurance in their organisations.
Good Corporate Governance in Practice. Outline What is Corporate Governance? Regulatory Requirements for Banks in Sri Lanka DFCC Practices - Key Elements.
Building Capacity to Direct Auditing Resources to Greatest Effect Gert van der Linde, World Bank Uganda, Kampala May 19, 2004.
Be Part of Something BIG Volunteer Opportunities American Society of Safety Engineers.
ISMMMO, Antalya April Internal Audit, Best Practices Özlem Aykaç, CIA,CCSA CAE Coca-Cola İçecek.
The Institute of Internal Auditors
IAS Conference – Brussels Practical Experiences of International Organizations with Audit Committees Thierry Rajaobelina Acting Director, Office.
Improving Corporate Governance in Malaysian Capital Markets – The Role of the Audit Committee Role of the Audit Committee in Assessing Audit Quality.
GOVERNMENT OF ROMANIA MINISTRY OF PUBLIC FINANCE MANAGING AUTHORITY FOR COMMUNITY SUPPORT FRAMEWORK Evaluation Central Unit Development of the Evaluation.
CIPFA/IMFO Development Programme for Internal Auditors IMFO Indaba April 2015 Durban Dr Adrian Pulham Executive Director CIPFA.
SOUTH AFRICAN MANAGEMENT DEVELOPMENT INSTITUTE. PRESENTATION TO THE PORTFOLIO COMMITEE October 2002.
The Benefits Package Adrian Schofield President, Information Industry South Africa Hanoi, Vietnam November 25, 2003.
1 Growth Centres Commission Corruption Prevention Network – Annual Forum 11 September 2008 Corruption Prevention Network Annual Forum.
STRATEGIC PLAN and BUDGET Origin The South African Council for Natural Scientific Professions was established in 1982 through an Act in Parliament.
Mission, Vision and Work Plans
1 Internal Audit of the Estonian Financial Supervisory Authority (EFSA) Raivo Linnas Internal Auditor Tallinn, Estonia – June 29, 2004.
Republic of the Sudan The National Audit Chamber (NAC) Presentation to: INTOSAI Capacity Building Committee (CBC) Stockholm – September 8, 2015.
AfricaBio Biotechnology Stakeholders Association.
World Bank Institute Regional Workshop for Anglophone Africa on Auditing and Financial Accountability Addis Ababa KEY ISSUES IN CREATING AN EFFECTIVE INTERNAL.
The Institute and the Profession: 1 Personalize your title and presenter here. The Institute and the Profession The Institute and the Profession: 1.
....providing education and training opportunities of first choice.
FGFOA STANDING COMMITTEES Established and Evaluated by the FGFOA Board of Directors to Utilize talent and resources of the FGFOA Membership.
The Institute of Internal Auditors 100,000 Strong!
Action Network South Asia : Where we are, and the way forward.
Basics of Directorship UNLV Alumni Association Leadership Development Day March 5, 2011.
North-West Agency of International Projects Promoting HRD, developing networks.
REGIONAL GOVERNMENT The South East England Regional Assembly (SEERA or the Assembly) –Representative voice of the region. –Covers nine areas: Berkshire,
“Financial reporting plays a critical role in establishing and maintaining the confidence of the investing public. The objective of financial reporting.
Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel
Claus Nue Møller1 European Concept of Sector Councils and their Role in the VET system - with a focus on Danish experience Chisinau, 2 December 2014.
STRATEGIES FOR GENDER DIVERSITY ARE YOU READY – GETTING THE BALANCE RIGHT! MS KATHRYN PRESSER WOMEN IN RESOURCES – SOUTH AUSTRALIA CFO / COMPANY SECRETARY.
NEACS: CRO Perspective William Feher Vice President, Internal Audit and Chief Risk Officer October 27, 2015.
SAQA’s Role in the brave new NQF world…
Globaliia.org Capacity Building Phil Tarling, Past Chairman of the Board.
The professional journey Suhel Miah MSc, FIScT. Who am I? Experience: Trainee Technician - Technician - Senior Technician – Head Technician - Laboratory.
The Chartered Institute of Housing – An Introduction Dr Paul Griseri (former CIH Chief Moderator)
Institute of Internal Auditors New Zealand IIA NZ Global and Local Happenings.
MAKING THE CASE: Becoming a member of EthicsSA: What does it mean for me/us? For a presentation by an Ethics Specialist, or more information,
Audit Oversight in an Emerging Economy Bernard Peter Agulhas Chief Executive Officer Independent Regulatory Board for Auditors.
The Benefits of Membership (so much more than you might imagine…) Rachael Murray – Commercial Manager.
SAESI SOUTHERN AFRICAN EMERGENCY SERVICES INSTITUTE 1.
AGCAS Achievements & Challenges in 2009 Margaret Dane AGCAS Chief Executive.
Our mission is to advocate for a quality system of child care, to advance early childhood education as a profession and to provide services to our members.
What is AAT(SA)? The Association of Accounting Technicians South Africa - AAT(SA) - is a finance and accountancy professional body that offers practical,
Employee Performance Support Committee EPSC Committee Report 2006 Fall Business Roundtable Kevin Wood Committee Chair Wisconsin Public Service.
Governance and organisation development Sarah Noack, Hart Field-Site Group.
Leadership Forum October 14, Vision. 2 Extern al Societal Environme nt Task Environme nt Interna l Structure Culture Resources Missio n Performance.
Dr. Shaizada Tasbulatova,
IIASA Governance Review
Ken Baker ISA President October 2006
Institute and Academy Workload
Membership information
Manitoba Child Care Association
Response to Report on Local Government new risk management and internal audit framework for NSW councils.
Increasing and Demonstrating value and of Internal Audit
Portfolio Committee on Social Development: Public Hearings
Our Mission Our mission is to advocate for a quality system of child care, to advance early childhood education as a profession and to provide services.
Presentation transcript:

The Role of Standards and Professional Bodies: Drivers of Development

VIDEO CLIP VIDEO CLIP

“Professional Body” An entity, association which exists for the benefits of its members An entity, association which exists for the benefits of its members Fundamental elements Fundamental elements Standards and Code of Ethics Standards and Code of Ethics Education and Training Education and Training

Case Study: Evolvement of a professional body 1964 Establishment of IIA’s South African Chapter. Started as informal meetings of internal auditors 40 years ago 1964 Establishment of IIA’s South African Chapter. Started as informal meetings of internal auditors 40 years ago Initial driver was need for contact, sharing of experiences Initial driver was need for contact, sharing of experiences Area meetings evolved, news spread Area meetings evolved, news spread 1983 South Africa becomes a National Institute South Africa becomes a National Institute. Secretarial duties became onerous; administration delegated to part time contractors Secretarial duties became onerous; administration delegated to part time contractors Voluntary Board evolved Voluntary Board evolved

Evolvement of IIA SA 1985 – registered as a non-profit organisation with Company Directors - gives legitimacy to voluntary structure 1985 – registered as a non-profit organisation with Company Directors - gives legitimacy to voluntary structure 1995 – voluntary structure no longer tenable; first full-time Secretariat member appointed 1995 – voluntary structure no longer tenable; first full-time Secretariat member appointed Drivers – increased communication needs, volunteers provide inconsistent support, insufficient continuity Release of first King Report on corporate governance Drivers – increased communication needs, volunteers provide inconsistent support, insufficient continuity Release of first King Report on corporate governance

Evolvement of IIA SA 1998 – 3 full time administrators, 8 regional volunteer committees 1998 – 3 full time administrators, 8 regional volunteer committees 1999 Part time CEO, also works for IIA Inc as Regional Director, Africa 1999 Part time CEO, also works for IIA Inc as Regional Director, Africa 2001 full time CEO, 5 staff; membership full time CEO, 5 staff; membership 1400 Today – CEO, 11 staff, membership >3000 Today – CEO, 11 staff, membership >3000 Drivers – legislation and King support internal audit functions, growth of corporate governance and risk management requirements, corruption, need for skills development, public sector expands IA functions Drivers – legislation and King support internal audit functions, growth of corporate governance and risk management requirements, corruption, need for skills development, public sector expands IA functions

Why the need for a professional body? It’s a professional home It’s a professional home Central contact point; repository of information Central contact point; repository of information Administrative support of the key fundamentals –membership, education & training, technical support, dissemination of Standards and Code of Ethics Administrative support of the key fundamentals –membership, education & training, technical support, dissemination of Standards and Code of Ethics

The IIA SA Key support functions Reception and switchboard Reception and switchboard Membership Membership Finance and administration Finance and administration Education & training* Education & training* Career path – combination of experience (workplace) and learning (academic) = COMPETENCE Career path – combination of experience (workplace) and learning (academic) = COMPETENCE Certifications Certifications Technical support* Technical support* * initially done by voluntary committees

Key support functions Services Manager – to answer queries, organise events, office management Services Manager – to answer queries, organise events, office management IT support IT support Marketing and communication Marketing and communication CEO CEO Strategy, Board support Strategy, Board support 3 rd party liaison including Inc, organisations, other bodies 3 rd party liaison including Inc, organisations, other bodies Staff management Staff management Policy Policy Image, public relations etc Image, public relations etc

IIA Education and Training Academic Academic Universities and Technikons Universities and Technikons EIAP, aligned to CFIA EIAP, aligned to CFIA Student support Student support Training Training Annual seminar/courses program Annual seminar/courses program Learnerships Learnerships Conferences Conferences Annual Southern African – August Annual Southern African – August Regional Regional Risk, Fraud Risk, Fraud International 2009 International 2009 Networking events Networking events

IIA Training - learnerships

Learnerships Training contract between employer, employee, Dept Labour Training contract between employer, employee, Dept Labour 21 days focused academic training 21 days focused academic training Implementation of learning in workplace, logbook, assessed by IIA SA Implementation of learning in workplace, logbook, assessed by IIA SA Designation at end – Internal Audit Technician (IAT) Designation at end – Internal Audit Technician (IAT) General Internal Auditor (GIA) in development General Internal Auditor (GIA) in development

Future expansion Education and training Education and training Full time Manager and support staff Full time Manager and support staff Quality assessments Quality assessments State-of-the-art courses State-of-the-art courses Extended visiting program to CAEs to increase understanding of IA Extended visiting program to CAEs to increase understanding of IA Company secretary Company secretary Secretarial support staff Secretarial support staff Enhanced marketing and promotions Enhanced marketing and promotions Regional infrastructure Regional infrastructure Exemplary corporate governance Exemplary corporate governance

Conclusion Secretariat provides Secretariat provides Professional home Professional home Mechanism for stability, spreading professionalism, disseminating the Standards and Code of Ethics Mechanism for stability, spreading professionalism, disseminating the Standards and Code of Ethics Voice of the individual on a united front, locally and globally Voice of the individual on a united front, locally and globally Together we Together we Progress through sharing …..